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Category: Practice Development & Management (page 1 of 6)

Avoid Being a Defendant: Estate Planning Malpractice and Ethical Concerns by Gerry W. Beyer

Gerry W. Beyer, Professor, Texas Tech University School of Law, has made available for download his article, “Avoid Being a Defendant: Estate Planning Malpractice and Ethical Concerns,” published at 5 St. Mary’s L.J. Mal. & Ethics 224 (2015).  The Abstract is as follows:

An estate planner may become a defendant

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Practice Tips for New Tax Associates – M. Robinson & Company, P.C.

Morris Robinson, of M. Robinson & Company, P.C., has published his memorandum to new tax associates setting forth what is expected of them and helping them become acclimated to the practice of tax law. The memorandum discusses the following topics:

  • Focus on practice objectives/exercise common sense.
  • How to draft effective
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Texas Proposes Creation of Pro Se Estate Planning Forms

Professor Gerry Beyer, on his Wills Trusts & Estates Prof Blog reports that in Texas, testimony on Senate Bill 512 is being heard today by the Senate State Affairs Committee. If passed the bill would direct the Texas Supreme Court to create various forms to aid individuals in creating wills … Continue reading

The Great Disruption: How Machine Intelligence Will Transform the Role of Lawyers in the Delivery of Legal Services by John O. McGinnis, Russell G. Pearce

Professors John O. McGinnis and Russell G. Pearce have made available for download their article, “The Great Disruption: How Machine Intelligence Will Transform the Role of Lawyers in the Delivery of Legal Services.”   The abstract reads as follows:

This Article argues that machines are coming to disrupt the legal

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Wall Street Has Its Eyes on Millennials $30 Trillion Inheritance

Bloomberg Business reports that Wall Street has its eyes on Millennials inheritance.  It’s article begins a follows:

There have been any number of pieces written about how the millennial generation is consciously refusing to do things that preceding generations thought were perfectly reasonable, such as playing golf or investing in the stock market

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Lawyers and Law Schools Must Respond to Technological Change

John O. McGinnis, George C. Dix Professor in Constitutional Law at Northwestern University, on his blog states that law schools must respond to technological change to offset a significant decrease in demand in legal services due to technological change.  One example he gives is that “trust and estates becomes Continue reading

How to Select a Law Firm Business Entity

The Lawyerist analyzes how to select a law firm business entity.  Its article discusses the following factors that should be considered:

  • Type of business.
  • Number of lawyers and their roles.
  • Financing.
  • Ongoing record keeping and reporting requirements.
  • Management.
  • Taxes.
  • Non-tax costs.
  • Limiting liability.

Read the full article at How to Continue reading

49th Annual Heckerling Institute on Estate Planning (Jan 13th)

The following are summaries of the presentations from the 49th Annual Heckerling Institute on Estate Planning. For the official brochure and list of events, see  http://www.law.miami.edu/heckerling/pdf/2014/heckerling-brochure.pdf. For the full Heckerling reports, see http://www.americanbar.org/groups/real_property_trust_estate/events_cle/heckerling_reports.html.


Diana Zeydel on the New Portability Regime

The presentation began with Zeydel assuring attendees that despite … Continue reading

49th Annual Heckerling Institute on Estate Planning (Jan 14th)

The following are summaries of the presentations from the 49th Annual Heckerling Institute on Estate Planning. For the official brochure and list of events, see  http://www.law.miami.edu/heckerling/pdf/2014/heckerling-brochure.pdf. For the Heckerling reports, see http://www.americanbar.org/groups/real_property_trust_estate/events_cle/heckerling_reports.html.


M. Read Moore on Tax Administration and Procedural Rules for Estate Planners

Moore’s presentation focused on the … Continue reading

Preparing a Complete List of Passwords, Online Accounts, and Digital Property for Estate Planning

Keeping a secure list of passwords, online accounts and digital property makes it smooth for fiduciaries and family members to access your digital assets as well as bring down the cost of administration. One way of keeping the list is to handwrite one and keep it in a secure location … Continue reading

Tips on Being More Time Efficient

According to studies conducted by various companies and consulting firms, there are a few common “time drains” in business operations that often go unnoticed. The majority of these time-wasting habits concern meetings and emails. Some clues that suggest inefficiency include copying too many people into emails, overusing the “reply all” option … Continue reading

Funding Agreement Interest is Included in Policy Interest

A memorandum on the topic of whether interest paid on funding agreements is qualified as policy interest was released by the IRS earlier. According to this memorandum, the IRS concluded that interest paid on funding agreement issued by a life insurance company qualified as policy interest, for the reason that … Continue reading

District Court Orders to Enforce IRS Summons

The United States District Court for the Northern District of California ruled in a recent matter and ordered an individual to company with IRS summons, namely, to appear before the IRS, to give testimony and to produce books, papers, records or other data in an investigation of corporation tax liability.… Continue reading

Taking Control: Questioning the Role of Leadership

In a recent blog post on the New York Times, Fred Warmbier comments that leaders need to be active in building the capability of their company’s system and their employees for the sake of effective and efficient delegation, instead of thinking they are too important to be involved on the … Continue reading

Avvo Advisors 15-Minute Consultations Might Actually Work

Sam Glover, writes on the Lawyerist that he believes that the newly announced 15 minute consultations on Avvo might actually work as a lead generator for lawyers.  His article begins as follows:

The reaction to Avvo Advisor, the new 15-minute consultation service from Avvo, mostly focused on the feasibility of

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